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Market News

Location American Market News for 4 December 2013

DYK: The components of WPI and CPI differ

livemint.com - 4 Dec 2013 15:13
DYK: The components of WPI and CPI differ While both indices measure the rate of inflation, there is a vast difference in the components
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Asia stocks slump as Australian dollar falls while crude rallies Japan's Topix tumbled 1.7% as yen gains weighed on exporters, Hong Kong's Hang Seng Index slid 0.9%
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Apple Stock Yawns As Icahn Renews Unrequited Buyback Push Carl Icahn is tweeting about an Apple buyback again, but Apple shares aren't spooked
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Billionaire Hedge Fund Managers

Forbes - 4 Dec 2013 23:26
Billionaire Hedge Fund Managers Billionaire Hedge Fund Managers
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With Investors Bailing, Is Eddie Lampert's Sears Doomed? The billionaire chairman and CEO of Sears had to surrender majority control when investors in his hedge fund pulled money out.
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Five Retirement Investment Mistakes To Avoid Many investors see retirement as the goal line, the point after which you can coast along on your portfolio with little worry, no retirement investment mistakes ahead to make.
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(Kitco News) - Friday's U.S. November nonfarm payrolls report looms large for the gold market, but unless the data come up much lower than expected, market watchers said there's little hope for bulls to see a rally.
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(Kitco News) - Gold prices ended the U.S. day session with sharp gains Wednesday on short covering, bargain hunting and position evening ahead of two days of major economic data points just ahead. In early trading Wedne...
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Pandora Would Have 30% Upside If Royalty Rules Were To Change During an investor conference in early 2013, Pandora Media's management had stated that the company expects to lower its content acquisition costs (as % of revenues) to 40% over the next few years. Pandora seems to be on...
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Belgacom Sends Strong Value Signal With Plump Dividend The plight and recent rebound of Belgacom is symbolic of the continent as a whole, which recently emerged from nearly two years of recession in the second quarter of this year.
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Paul Walker's autopsy report was released Wednesday, painting a grim picture of the beloved actor's final moments. CNN reported that Walker's cause of death in the tragic car accident over the weekend was the combined ef...
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Financial Sector Feeling Pinch Of Massive Fines Regulators are cracking down on the financial sector, finally closing many of the trading loopholes that have driven so much of Wall Street's profits over the past decade.
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Trio axed from Formula One calendar

CNN - 4 Dec 2013 20:30
The 2014 Formula One calendar has been revealed -- and there's no space for New Jersey, Mexico or South Korea.
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How Apple Stock Got Red Hot Again

Forbes - 4 Dec 2013 20:00
How Apple Stock Got Red Hot Again About 40% of Black Friday purchases of iPad were by existing Android phone users. If this trend continues, this is an extremely positive development for Apple.
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(Kitco News) -Gold futures surged Wednesday as traders bought to cover short positions, in which they previously sold, ahead of a key U.S. jobs report later in the week and as equities pulled back, analysts said.
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BlackBerry's November Triumph - Exclusive New BBM Download Data The most surprising aspect of BBM's success is probably its strong showing in Asia, where it is competing head to head against powerhouse messaging apps like LINE, WeChat and KakaoTalk. Brand new data from Distimo shows ...
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Antitrust regulators in Europe hit eight big financial firms with $2.3 billion in fines for their alleged participating in "illegal cartels."
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10 Reasons To Convert To A Roth IRA

Forbes - 4 Dec 2013 19:13
10 Reasons To Convert To A Roth IRA In a Roth conversion, you take funds out of a traditional pre-tax individual retirement account, pay the federal, state and local income taxes owed and deposit the funds in a Roth IRA, where your savings grow tax free. I...
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Year-End Retirement Moves You Can Take Now

Forbes - 4 Dec 2013 19:13
Year-End Retirement Moves You Can Take Now I know. It's less than a week after Thanksgiving and I'm already talking about year-end moves. Now's a good time to do retirement planning since you'll want to enjoy the last week of the year. Here's what you can do:  
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Members of the Organization of Petroleum Exporting Countries decided Wednesday to maintain their production targets at 30 million barrels per day, but Iran, heartened by an opening with the West that will test the waters...
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The Future of Dividend Investing

Forbes - 4 Dec 2013 18:49
Searching for yield in unlikely places has been an effective strategy for investors looking to gain exposure outside of the classic reliable income sectors such as utilities, healthcare or consumer staples.   Social ne...
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(Kitco News) - More dovish comments from the European Central Bank would only have a moderate impact, if any, on gold prices, say analysts.
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